LKFT (Lakefront Biotherapeutics NV) Cyclically Adjusted PB Ratio: 0.62 (As of Sep. 15, 2026) — 49% Below Median

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LKFT Lakefront Biotherapeutics NV LKFT
58 GF Score
Price $27.90
GF Value $114.50
Valuation Possible Value Trap
! 4 Warning Signs
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What is Lakefront Biotherapeutics NV Cyclically Adjusted PB Ratio?

Lakefront Biotherapeutics NV LKFT +4.61% 58 Cyclically Adjusted PB Ratio is 0.62 as of Sep. 15, 2026, which is 49% below its 10-year median of 1.22. GuruFocus rates LKFT with a GF Score™ of 58/100 and a GF Value™ of $114.50 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 680 Biotechnology companies, Lakefront Biotherapeutics NV ranks better than 71.32% on this metric.

As of today (2026-09-15), Lakefront Biotherapeutics NV's current share price is $27.90. Lakefront Biotherapeutics NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $45.32. Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio for today is 0.62.

The historical rank and industry rank for Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

LKFT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.22   Max: 11.89
Current: 0.56

During the past years, Lakefront Biotherapeutics NV's highest Cyclically Adjusted PB Ratio was 11.89. The lowest was 0.56. And the median was 1.22.

LKFT's Cyclically Adjusted PB Ratio is ranked better than
71.32% of 680 companies
in the Biotechnology industry
Industry Median: 1.575 vs LKFT: 0.56

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Lakefront Biotherapeutics NV's adjusted book value per share data for the three months ended in Jun. 2026 was $56.832. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $45.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lakefront Biotherapeutics NV  (NAS:LKFT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Lakefront Biotherapeutics NV Cyclically Adjusted PB Ratio Related Terms


Lakefront Biotherapeutics NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lakefront Biotherapeutics NV Cyclically Adjusted PB Ratio Chart

Lakefront Biotherapeutics NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 1.38 1.12 0.67 0.71

Lakefront Biotherapeutics NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.84 0.77 0.68 0.66

LKFT vs VRTX, REGN, MRNA: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakefront Biotherapeutics NV Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio falls into.


LKFT
58GF Score
Lakefront Biotherapeutics NV LKFT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lakefront Biotherapeutics NV Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.90/45.316
=0.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lakefront Biotherapeutics NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Lakefront Biotherapeutics NV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=56.832/138.0500*138.0500
=56.832

Current CPI (Jun. 2026) = 138.0500.

Lakefront Biotherapeutics NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.584 102.267 23.737
201609 17.253 102.118 23.324
201612 17.300 102.614 23.274
201703 17.299 103.972 22.969
201706 23.970 103.902 31.848
201709 24.086 104.170 31.920
201712 23.857 104.804 31.425
201803 21.588 105.419 28.270
201806 20.142 106.063 26.217
201809 25.417 106.618 32.910
201812 25.485 107.252 32.803
201903 24.173 107.876 30.934
201906 23.750 107.896 30.387
201909 44.613 107.470 57.307
201912 49.916 108.065 63.766
202003 48.076 108.550 61.141
202006 47.733 108.540 60.710
202009 48.673 108.441 61.963
202012 49.950 108.511 63.548
202103 48.465 109.522 61.089
202106 48.207 110.305 60.333
202109 46.290 111.543 57.290
202112 45.857 114.705 55.190
202203 44.856 118.620 52.204
202206 42.100 120.948 48.053
202209 40.033 124.120 44.526
202212 40.949 126.578 44.660
202303 42.283 126.528 46.133
202306 42.780 125.973 46.881
202309 42.120 127.083 45.755
202403 47.447 130.552 50.172
202406 47.333 130.691 49.998
202409 48.481 130.968 51.103
202412 45.522 132.346 47.484
202503 45.044 134.348 46.285
202506 47.095 133.495 48.702
202509 43.631 133.740 45.037
202512 57.671 135.080 58.939
202603 56.885 136.570 57.501
202606 56.832 138.050 56.832

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.62 mean?
Lakefront Biotherapeutics NV (LKFT) has a Cyclically Adjusted PB Ratio of 0.62 as of Sep. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lakefront Biotherapeutics NV and its competitors. This is 49% below median its historical median of 1.22. Over the past decade, Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio has ranged from 0.56 to 11.89. According to the industry distribution chart, Lakefront Biotherapeutics NV ranks #195 out of 680 companies in the Biotechnology industry, placing it in the top 28.7%.
Is Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio too high?
Lakefront Biotherapeutics NV's current Cyclically Adjusted PB Ratio of 0.62 is 49% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 11.89. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Lakefront Biotherapeutics NV's value of 0.62 is 60.6% below this industry median. Based on the distribution chart, Lakefront Biotherapeutics NV ranks #195 out of 680 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Lakefront Biotherapeutics NV has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lakefront Biotherapeutics NV's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Lakefront Biotherapeutics NV ranks #195 out of 680 companies for Cyclically Adjusted PB Ratio. This puts Lakefront Biotherapeutics NV in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Lakefront Biotherapeutics NV's value of 0.62 is 60.6% below this benchmark. Historically, Lakefront Biotherapeutics NV's own Cyclically Adjusted PB Ratio has ranged from 0.56 to 11.89 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.58, Lakefront Biotherapeutics NV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.58, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lakefront Biotherapeutics NV's current Cyclically Adjusted PB Ratio of 0.62 is 60.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lakefront Biotherapeutics NV and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakefront Biotherapeutics NV's current Cyclically Adjusted PB Ratio is 0.62, which is 49% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakefront Biotherapeutics NV stock overvalued right now?
Based on GuruFocus' analysis, Lakefront Biotherapeutics NV (LKFT) is currently considered Possible Value Trap. The stock's GF Value™ is $114.50, compared to a current price of $27.90 — trading 75.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 49% below median its 10-year median of 1.22 and 60.6% below the Biotechnology industry median of 1.58. Lakefront Biotherapeutics NV's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Lakefront Biotherapeutics NV (LKFT), the current Cyclically Adjusted PB Ratio is 0.62 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lakefront Biotherapeutics NV (LKFT) Overvalued in 2026?

Based on GuruFocus' analysis, Lakefront Biotherapeutics NV stock appears to be undervalued. The current stock price of $27.90 is trading 75.6% below its estimated GF Value™ of $114.50. GuruFocus considers Lakefront Biotherapeutics NV to be Possible Value Trap.

Key valuation signals for LKFT:

  • Cyclically Adjusted PB Ratio: 0.62 (49% below median its 10-year median of 1.22)
  • GF Value™: $114.50 vs. price of $27.90 (75.6% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 60.6% below the Biotechnology median (#195 of 680)

No single metric tells the full story. See the LKFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lakefront Biotherapeutics NV Business Description

Address Schalienhoevedreef 20 T, Mechelen, BEL, 2800
Lakefront Biotherapeutics NV a biopharmaceutical company committed to improving the lives of people with severe diseases. It focuses on delivering medicines with transformational impact for patients by accelerating life-changing science and innovation in areas of high unmet need. Its pipelines includes GLPG3667, GLPG5101, and GLPG5301.
58GF Score

Get the complete analysis for LKFT

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.90
Price
$114.50
GF Value